VA CONSTRUCTION: VA Is Working to Improve Initial Project Cost Estimates, but Should Analyze Cost and Schedule Risks

reportActive / Technical Report | Accesssion Number: AD1180941 | Open PDF

Abstract:

While about half of the 32 major ongoing construction projects are within their budget, 18 projects have experienced cost increases and 11 have experienced schedule delays since they were first submitted to Congress. Five projects have experienced a cost increase of over 100 percent. For example, the cost of a new medical center in Las Vegas rose from an initial estimate of $286 million to over $600 million, an increase of about 110 percent.

Author(s):
Dorn, Terrell
Author Organization(s):
United States Government Accountability Office
Funding Organization(s):
United States Government Accountability Office , Washington , DC
Document Type:
Technical Report/Congressional Report
Publication Date:
2009 Dec 01
Pagination:
86

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution Code:
A - Approved For Public Release
Distribution Statement: Public Release

RECORD

Collection: TRECMS
Subject Terms
Communities of Interest:
No COI(s) Identified
Descriptor(s):
health services, medical personnel, risk analysis, congress, construction, patient care, business administration, communication systems, department of veterans affairs, engineers, health care, united states government, commerce, contractors, contracts, management personnel, accuracy
Subject Categories:
Behavioral and Social Sciences; Behavioral and Social Sciences
Creation Date:
2022 Sep 26
Update Date:
2022 Nov 29